Viscount Systems (VSYS)

[nynewbie]

When they announced initial GSA approval in Feb I talked to the company. I recall being told that the US Gov't changed their requirements in 2013 so the old CEO designed a new device - see FIPS 201-2 brochure at bottom of their website. I was told that this tiny circuit costs less that $100 to make and the big boys require 2 big circuits that are sold together for several thousand.

But to sell to US government they need GSA tested approval (in process) and UL approval (round 1 failed). If they failed either and cannot pass they are humped but I don't think modifying a small electronic board to meet UL is much of a problem since all their other boards passed but the risk is still there. My guess is that they can comply by the time they pass the FICAM tests. If I had real doubt I would dump my shares. Any delay will simply be the government test labs taking too long.

I think they will be up and going within a few months and then the rest of the industry is in real trouble since Viscount has such huge advantages so they are in great shape. Who knows, this event could even trigger a buyout.